Sugar Tax

Russian Soft Drinks Maker To Cut Back Investments, Hiring Over New Sugar Tax

Russian soft drinks producer Chernogolovka said a proposed new sugary drinks tax had forced it to scale back investments next year and freeze hiring for 1,...

UK PM Truss Preparing To Scrap Sugar Tax On Soft Drinks: The Times

British Prime Minister Liz Truss is preparing to scrap sugar taxes on soft drinks and ditch some anti-obesity measures to ease the cost-of-living crisis in...

Notes From Africa: Health Promotion Levy Leaves A Bitter Taste For Sugar Sector

In South Africa, the Revenue Service (SARS) has been collecting a tax on domestic and imported sugar-sweetened beverages since 2018.

Beverage Companies Criticise Italy’s Sugar And Plastic Taxes

Italy’s association of soft drinks producers, Assobibe, has warned that new sugar and plastic taxes will affect both producers and consumers. The...

Vimto Maker Nichols Warns Of Lower 2020 Profit On Saudi, UAE Sugar Tax

Vimto soft drinks maker Nichols Plc has warned its full-year 2020 pretax profit could be materially below current expectations, citing an excise tax on non...

Soft Drink Prices Increase In Portugal, Study Finds

The average price paid for soft drinks has increased in Portugal since the introduction of the sugar tax in 2017, a new study has found. The study was p...

Oman To Impose Drinks, Tobacco Taxes To Boost Revenues

Oman will impose a new tax on sugary drinks and tobacco products starting on June 15, as the small Gulf oil producer seeks to boost state revenues strained...

Irn-Bru Maker Says Almost All Drinks Now Exempt From Sugar Tax

Irn-Bru maker A.G.Barr Plc has said that almost all of its soft drinks are now exempt from a sugar tax levied by Britain which sent beverage makers scuttli...